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Tiffany & Co Crosses Below its 10-day MA (TIF)

By David Diaz

Today, shares of Tiffany & Co (NYSE:TIF) have crossed bearishly below their 10-day moving average of $71.71 on a volume of 182K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Tiffany & Co share prices have been bracketed by a low of $56.99 and a high of $96.43 and are now at $71.59, 26% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.7%.

SmarTrend is monitoring the recent change of momentum in Tiffany & Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Tiffany & Co in search of a potential trend change.

Keywords: moving crosses tiffany & co

Ticker(s): TIF